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		<title>Messaging Customer Care Business Case</title>
		<link>https://execsintheknow.com/messaging-customer-care-business-case/</link>
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		<dc:creator><![CDATA[kiaadmin]]></dc:creator>
		<pubDate>Fri, 03 Aug 2018 00:00:00 +0000</pubDate>
				<category><![CDATA[CR Summit Marina del Rey]]></category>
		<category><![CDATA[Chat]]></category>
		<category><![CDATA[Customer Care]]></category>
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					<description><![CDATA[<p>The following is a guest post by Abhay Prasad, Vice President, Product Management for Sparkcentral. To learn more about Sparkcentral visit their website.  Messaging Customer Care: Real-World Deployments, Real Results The goal of this blog post is to clearly identify the business value of implementing messaging customer care alongside traditional care channels such as phone, email, and live-chat. In my role as Head of Product, I have the privilege of ....</p>
<p>The post <a href="https://execsintheknow.com/messaging-customer-care-business-case/">Messaging Customer Care Business Case</a> appeared first on <a href="https://execsintheknow.com">Execs In The Know</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><em>The following is a guest post by Abhay Prasad, Vice President, Product Management for Sparkcentral. To learn more about Sparkcentral <a href="https://www.sparkcentral.com/" target="_blank" rel="noopener noreferrer">visit their website. </a></em></p>
<h4><strong>Messaging Customer Care: Real-World Deployments, Real Results</strong></h4>
<p>The goal of this blog post is to clearly identify the business value of implementing messaging customer care alongside traditional care channels such as phone, email, and live-chat. In my role as Head of Product, I have the privilege of meeting customer service and customer experience leaders on a weekly basis. Over the last several years of my career, I have racked up several hundred such conversations.</p>
<p>These conversations are a part of my role that I love and value immensely because they help me understand our customers’ priorities. While every organization has its own way of articulating their customer service priorities, they generally fall into three main buckets: improving customer experience, controlling customer service costs, and <u><a href="https://www.sparkcentral.com/blog/agent-attrition/" target="_blank" rel="noopener noreferrer">improving agent satisfaction</a></u>. Agent productivity impacts all three of these commonly held priorities.</p>
<p>Improving agent productivity means conversations are being resolved faster which is a key component of customer satisfaction. It also impacts agent satisfaction because higher productivity is achieved by eliminating repetitive, mundane or wasteful actions that agents are required to do for issue resolution. Finally, and most significantly, agent productivity is directly tied to cost control since its presence enables organizations to handle higher volumes of customer service requests.</p>
<p><u><a href="https://www.sparkcentral.com/blog/3-ways-to-drive-digital-innovation-in-your-contact-center/" target="_blank" rel="noopener noreferrer">In previous posts</a></u>, we’ve talked about how messaging customer care provides superior CX for consumers. What’s often overlooked is that customer care over messaging channels is also significantly cheaper compared to other, more traditional channels including voice and textual channels such as email and live chat. This is largely because messaging enables agents to dramatically increase productivity.</p>
<h4><strong>Voice vs. Messaging</strong></h4>
<p>To understand how much more productive, we analyzed a representative sample of our customer base. <strong>We found that agents on our platform are able to resolve between 5.7 to 14.5 conversations per hour.</strong> <strong>This resolution rate is about 25-65% higher than that of voice teams.</strong> The median messaging customer care team resolves 7.2 conversations per hour. This is about 42% higher than the <u><a href="https://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/why-the-coo-should-lead-social-media-customer-service" target="_blank" rel="noopener noreferrer">benchmark of 4.2-5.2 resolutions per hour</a></u> for a voice agent. This does not include conversations that did not require a response (e.g., conversations resolved by bots and automation, or a “Thank you” from a customer after a conversation was already marked resolved by an agent). Also excluded are additional conversations conducted by agents that were never resolved.</p>
<p>This disparity in productivity is driven by a messaging agent’s ability to handle many more simultaneous conversations than a voice agent is able to. Agents on our platform often have more than 10 conversations being actively handled at once without jeopardizing the quality of service.</p>
<p><img fetchpriority="high" decoding="async" class="alignleft size-full wp-image-5599" src="https://execsintheknow.com/wp-content/uploads/2019/10/Sparkcentral_CRSMDRBlog.png" alt="" width="693" height="457" /></p>
<h4><strong>Email vs. Messaging</strong></h4>
<p>Messaging provides an even higher productivity gain over email. Email, like messaging, is an asynchronous channel. This means that conversations don’t have to happen in real time and can span minutes, hours, or even days. However, from a <u><a href="https://www.mediapost.com/publications/article/314867/us-consumers-impatient-with-digital-experience.html" target="_blank" rel="noopener noreferrer">consumer’s point of view</a></u>, email is a highly dissatisfying channel, associated with high response times (often a day, sometimes several days) and high friction.<span id="more-1201"></span></p>
<p>Emails tend to need more words compared to messaging which wastes agents&#8217; time without adding much value to the actual problem resolution for the consumer. This communication style often requires a lot of back and forth, which feels natural in a messaging-style conversation, but can get frustrating in a more “offline” format. Email issue resolution costs for enterprises that we’ve talked to tend to be in the range of $6-7 per resolution. Compare this to the $2-2.5 cost per resolution for an average messaging team on our platform and<strong> it translates into a 60-65% productivity gain over email agent teams.</strong></p>
<h4><strong>Chat vs. Messaging</strong></h4>
<p>Live chat has been around for a long time and is a well-established service channel in many organizations. On the surface messaging and chat look similar enough that enterprises tend to assume that they also have similar costs. However, this is not the case due to a key <u><a href="https://www.sparkcentral.com/blog/live-chat-vs-messaging-for-customer-support/" target="_blank" rel="noopener noreferrer">difference between messaging and chat</a></u>: asynchronous versus synchronous interactions. Chats often suffer from a high abandonment rate whereas a messaging conversation can never be abandoned. This is the source of messaging’s productivity advantage over chat. <strong>Messaging conversations never get abandoned as there are no session timeouts.</strong></p>
<p>Timed out chats often lead to either channel hopping or new chat sessions (e.g., if a user gets timed out because they were browsing a different webpage and didn’t see an agent’s reply). For each abandoned chat that drives a new session or a phone call, the time spent by the first chat agent is wasted productivity.</p>
<p>Messaging also allows more simultaneous conversations than live chat&#8217;s typical 3-5 range. We estimate that eliminating involuntary abandons and enabling higher simultaneous conversations can add up to 15-30% higher productivity over live chat. Abandonment rate being the key variable for the extent of these savings.</p>
<p>Whether comparing messaging customer care to voice, email or live-chat, it is safe to say the messaging provides a superior customer experience. Perhaps most importantly, it drives 20-60% agent productivity compared to traditional channels, creating a win-win situation for the consumer and the enterprise.</p>
<p><em>Messaging provides a superior customer experience and drives 20-60% agent productivity compared to traditional channels, creating a win-win situation for the consumer and the enterprise.</em></p>
<p>What is your experience? Have you looked at what a messaging operation could save your organization?</p>
<p><em>Interested in finding out more about this topic or Sparkcentral? Sparkcentral is one of the subject matter experts that will be sharing their insights and expertise at <a href="https://execsintheknow.com/events/" target="_blank" rel="noopener noreferrer">Customer Response Summit Marina del Rey</a>, September 10-12, 2018. CR Summit Marina del Rey will feature keynotes from Chick-fil-A, Microsoft, LinkedIn, and Upwork. Sparkcentral will be delivering a Customer Shop Talk session titled &#8220;Digital Messaging Customer Care at Scale&#8221;. </em></p>
<p><em>For more information about our leading event for CX professionals, <a href="https://execsintheknow.com/events/marina-del-rey/" target="_blank" rel="noopener noreferrer">visit our event website. </a></em></p>
<p>The post <a href="https://execsintheknow.com/messaging-customer-care-business-case/">Messaging Customer Care Business Case</a> appeared first on <a href="https://execsintheknow.com">Execs In The Know</a>.</p>
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		<title>Chat vs. Messaging for Customer Support: Why Messaging Wins</title>
		<link>https://execsintheknow.com/chat-vs-messaging-for-customer-support-why-messaging-wins/</link>
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		<dc:creator><![CDATA[kiaadmin]]></dc:creator>
		<pubDate>Mon, 26 Feb 2018 00:00:00 +0000</pubDate>
				<category><![CDATA[CR Summit Charleston]]></category>
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					<description><![CDATA[<p>The following is a guest blog by Krysta Gahagen, Product Marketing Manager at Sparkcentral. For more information on Sparkcentral, visit their website.  Many brands ask us about the differences between using live chat versus digital messaging (ie. Messenger, WeChat, in-app/in-web messaging, etc.) for customer support. That&#8217;s right, chat and messaging are NOT the same. Although chat was loved by brands in the past, we believe its final days, as it currently ....</p>
<p>The post <a href="https://execsintheknow.com/chat-vs-messaging-for-customer-support-why-messaging-wins/">Chat vs. Messaging for Customer Support: Why Messaging Wins</a> appeared first on <a href="https://execsintheknow.com">Execs In The Know</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><em>The following is a guest blog by Krysta Gahagen, Product Marketing Manager at Sparkcentral. For more information on Sparkcentral, <a href="https://www.sparkcentral.com/" target="_blank" rel="noopener noreferrer">visit their website</a>. </em></p>
<p>Many brands ask us about the differences between using live chat versus digital messaging (ie. <a href="https://www.sparkcentral.com/product/messaging-apps-customer-service/" target="_blank" rel="noopener noreferrer">Messenger, WeChat</a>, <a href="https://www.sparkcentral.com/product/in-app-messaging-customer-service/" target="_blank" rel="noopener noreferrer">in-app/in-web messaging</a>, etc.) for customer support. That&#8217;s right, chat and messaging are <strong>NOT</strong> the same. Although chat was loved by brands in the past, we believe its final days, as it currently exists, are near. To explain why it&#8217;s important to first clearly distinguish how the two are different.</p>
<p>Take a look at the examples below to see the difference between a messaging interaction versus that of a chat interaction.</p>
<p><img decoding="async" class="aligncenter wp-image-4944" src="https://execsintheknow.com/wp-content/uploads/2019/10/sparkcentral-feb2018-169x300.png" alt="" width="300" height="533" /> <img decoding="async" class="aligncenter wp-image-4945" src="https://execsintheknow.com/wp-content/uploads/2019/10/sparkcentral-feb2018-pic2-169x300.png" alt="" width="300" height="533" /></p>
<p><strong> </strong><strong>The example above is one of messaging.</strong></p>
<p>In this interaction<strong>,</strong> I had reached out to one of my favorite brands, Nordstrom, to get some help finding a jacket. <strong> Here is what was great about using messaging for customer support: </strong></p>
<p>&#8211; This conversation was <strong>asynchronous</strong>, meaning the agent and I could communicate without being available at the same time.</p>
<p>&#8211; It was extremely <strong>convenient</strong> &#8211; I received a push notification on my phone&#8217;s home screen when the agent responded (rather than staring at my phone waiting for a response).</p>
<p>&#8211; It was <strong>contextual</strong>, so if I ever forgot which jacket I was looking at, I could just open up the app and go directly to the link the agent had sent me. Also, if I ever reached out again, the agent would know exactly what that previous interaction looked like.</p>
<p>&#8211; It felt <strong>personal</strong> and human. I was able to share just how genuinely excited I was by simply adding emoji to the message. With messaging, agents and customers can share and express emotions via emoji and gifs.<span id="more-1187"></span></p>
<p><strong>My experience with chat was very different&#8230;</strong></p>
<p><strong><br />
<img loading="lazy" decoding="async" class="aligncenter wp-image-4946" src="https://execsintheknow.com/wp-content/uploads/2019/10/sparkcentralpic3-feb2018.jpg" alt="" width="600" height="340" /></strong></p>
<p><strong>In the chat interaction above</strong>, I needed help from customer support regarding a slightly more complex issue than my first example. This conversation was also much more frustrating for me due to the limitations in chat. Let&#8217;s break those down:</p>
<p>&#8211; The conversation was <strong>synchronous</strong> (as are all chat interactions), so I had to be actively available to receive the agent&#8217;s response and vice versa.</p>
<p>&#8211; It was <strong>session-based</strong> &#8211; so once I closed out of the chat, the entire conversation thread was lost. I was essentially held hostage in the chat and if I were to leave, I&#8217;d have to start all over again (which, of course, happened).</p>
<p>&#8211; Since <strong>chat lacks context</strong>, I had to re-explain my problem to a new agent when I reached back out for more help.</p>
<p>&#8211; When I had trouble explaining my issues and wanted to share a screenshot of my problem, I was deflected to email (since <strong>chat is text-based</strong>).</p>
<p>&#8211; There was no use of emojis or gifs and the entire interaction <strong>felt impersonal and lacked the human element</strong>.</p>
<h2><strong>Messaging costs less than chat</strong></h2>
<p>If the examples above don&#8217;t convince you that messaging is a preferable way to interact with a company, let&#8217;s look at the numbers. According to a research <a href="http://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/why-the-coo-should-lead-social-media-customer-service" target="_blank" rel="noopener noreferrer">study by Mckinsey</a>, a single chat interaction costs a company between 3 to 5 dollars per interaction. A messaging communication is less than $1, which is up to 1/5th the cost.</p>
<p><img loading="lazy" decoding="async" class="aligncenter wp-image-4947" src="https://execsintheknow.com/wp-content/uploads/2019/10/sparkcentralpic4-feb2018.jpg" alt="" width="600" height="337" /></p>
<p>Not only are messaging interactions less expensive for brands than live chat interactions, but with the proper technology in place, agents can handle as many as ten messaging conversations at one time. <strong>That&#8217;s 5x what most contact centers report for concurrent conversation handling on chat.</strong></p>
<h2><strong>People prefer messaging</strong></h2>
<p>Regardless of the cost savings, here&#8217;s a pretty powerful fact: <a href="https://www.sparkcentral.com/blog/20-important-contact-center-stats-agents-processes-customer-experience/" target="_blank" rel="noopener noreferrer">9 out of 10 customers actually prefer to message a business</a>. Why? Because messaging is a <strong>HUGE</strong> part of our daily lives. Here&#8217;s another fact: 1.4 billion people around the world <a href="https://www.emarketer.com/Article/More-Than-Quarter-of-World-Will-Use-Mobile-Messaging-Apps-by-2019/1014773" target="_blank" rel="noopener noreferrer">send over 50 billion messages</a> each day to communicate with one another. In addition, WhatsApp and Messenger have around 1 billion monthly active users each and WeChat around 900 million. Messaging as a conversation and interaction interface has fundamentally shifted how we communicate with one another, and it is about to <a href="https://www.sparkcentral.com/blog/2017-letter-from-ceo/" target="_blank" rel="noopener noreferrer">shift how people communicate with your company</a>.</p>
<p>To learn more about how messaging helps improve customer satisfaction, enhances employee engagement, and drives real financial results, download the latest (and totally free) Aberdeen report: <a href="https://www.sparkcentral.com/resource/customer-messaging-happy-customers-productive-employees-better-financials/" target="_blank" rel="noopener noreferrer">Customer Messaging: Happy Customers, Productive Employees &amp; Better Financials.</a></p>
<p><em>Interested in finding out more about the topics in this blog or Sparkcentral? Sparkcentral is one of the subject matter experts that will be sharing their insights and expertise at <a href="https://execsintheknow.com/events/crs-charleston/" target="_blank" rel="noopener noreferrer">Customer Response Summit Charleston</a>, March 12-14, 2018. CR Summit Charleston will feature speakers from Neiman Marcus, Indeed, Capital One, T-Mobile, and more. For more information about our leading event for CX professionals, <a href="https://execsintheknow.com/events/crs-charleston/" target="_blank" rel="noopener noreferrer">visit our event website</a>.</em></p>
<p>The post <a href="https://execsintheknow.com/chat-vs-messaging-for-customer-support-why-messaging-wins/">Chat vs. Messaging for Customer Support: Why Messaging Wins</a> appeared first on <a href="https://execsintheknow.com">Execs In The Know</a>.</p>
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